Taxes - Question

Part of the debate – in the House of Lords at 2:58 pm on 15 July 2025.

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Photo of Lord Livermore Lord Livermore The Financial Secretary to the Treasury 2:58, 15 July 2025

I am not quite sure what tax the noble Lord is referring to, but absolutely not, because it is essential to stabilising the public finances and to funding our public services. The party opposite welcomed all the spending we announced in the spending review a few weeks ago, so if it wants the spending, it has to have the taxes to pay for it.